Reviving the Handicraft Sector in Bali : Reviving the Handicraft Sector in Bali
The International Finance Corporation (IFC) Program for Eastern Indonesian Small and Medium Enterprise (SME) Development (IFC-PENSA) launched its Handicraft Export Promotion Program in January 2005. The program ran for 2.5 years, and its ambition w...
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| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/11/9953777/reviving-handicraft-sector-bali-reviving-handicraft-sector-bali http://hdl.handle.net/10986/10636 |
| Summary: | The International Finance Corporation
(IFC) Program for Eastern Indonesian Small and Medium
Enterprise (SME) Development (IFC-PENSA) launched its
Handicraft Export Promotion Program in January 2005. The
program ran for 2.5 years, and its ambition was to revive
the handicraft industry in Bali with a demonstration effect
filtering through to other handicraft regions of Indonesia.
The handicraft sector in Indonesia employs over 3 million
poor and disadvantaged people, including approximately
400,000 in Bali. It is among the five top-priority sectors
for the Indonesian government. Handicraft manufacture in
Bali is predominantly a cottage industry, and a paucity of
medium local or foreign-owned businesses deprives the sector
of the scale and financial resources vital for competing
against countries such as China, Vietnam, or Thailand in
export markets. In the late 1990s, the country was the
second-largest handicraft exporter in the world. After the
turn of the century, however, Indonesia had lost its
competitive edge, mainly due to the Bali bombing and much
stronger competition from other Asian countries. As a
result, the value of handicraft exports dropped from some $2
billion a year in 1998 to $400 million in 2002. |
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